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☆ Dubai’s millionaires are fueling a private jet boom
▼ + stars: | 2024-09-26 | by ( Lucy Cormack | ) edition.cnn.com time to read: +9 min

Dubai, UAE CNN —It’s 3am at the VIP airport terminal of Dubai’s Mohammed Bin Rashid Aerospace Hub and an ultra-long range aircraft is readying for take-off. The luxury, 14-seat private jet is headed for Europe, just as soon as its main passenger and his entourage arrive. It’s an elite club that enjoys private jet travel, which can cost anywhere from $50,000 to $200,000-plus for a single leg. Mouallem said the private aviation industry was accustomed to “different kinds of shifts across the world with banning private aviation,” insisting that the focus should be not on banning flights but ensuring greater adoption of sustainable aviation fuel (SAF). So that’s really an operator decision and a supplier decision,” Avetkiyan said, adding that her customers shouldn’t feel guilty about the environmental impact of private aviation.

Persons: UAE CNN —, Mohammed Bin Rashid, it’s, ”, Lilit Avetikyan, Lilit, Voyex, Vanessa Budah, “, Knight Frank, they’ve, Faisal Durrani, Knight Frank Middle, Durrani, Youssef Mouallem, “ You’ve, ” Mouallem, they’re, you’re, ” Youssef Mouallem, Vistajet Mouallem, Mouallem, Avetkiyan, that’s, ” Avetkiyan, “ I’m Organizations: CNN, UAE CNN, Hub, McDonald’s, KFC, United Arab Emirates, Communications, Henley, Partners, US, Knight, Resorts, Resorts Tech, Resorts Dubai, Creative, International, Sharjah —, Gama Aviation, Sharjah International, European Federation for Transport, Sustainable, Emirates, Airbus, SAF, International Air Transport Association, Emirates SAF Locations: Dubai, UAE, Europe, Voyex, India, East, Russia, Africa, Gulf, Saudi Arabia, Sharjah, Netherlands

☆ Thailand’s king signs same-sex marriage into law
▼ + stars: | 2024-09-24 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

AP —Thailand’s landmark marriage equality bill was officially written into law Tuesday, allowing same-sex couples to legally wed. The law was published in the Royal Gazette after endorsement by King Maha Vajiralongkorn, and will come into effect in 120 days. This means LGBTQ+ couples will be able to register their marriage in January next year, making Thailand the third place in Asia, after Taiwan and Nepal, to allow same-sex marriage. Thailand has a reputation for acceptance and inclusivity but struggled for decades to pass a marriage equality law. Bangkok Deputy Governor Sanon Wangsrangboon said last week that the city officials will be ready to register same-sex marriages as soon as the law gets enacted.

Persons: King Maha Vajiralongkorn, “, Paetongtarn Shinawatra, Sanon Wangsrangboon Organizations: Royal Gazette, Senate, ”, Bangkok Pride, Facebook Locations: Thailand, Asia, Taiwan, Nepal, LoveWins, Bangkok

☆ The Fed has poured rocket fuel on the red-hot AI trade
▼ + stars: | 2024-09-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

AI stocks surged after the Federal Reserve's 50 basis point rate cut. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The tech-heavy Nasdaq 100 soared nearly 3% on Thursday, while the underlying AI trade saw even bigger gains. Investors in the stock market's AI trade can thank Fed chairman Jerome Powell for Thursday's risk-on surge in tech, according to Wedbush analyst Dan Ives. AdvertisementIves said that while the AI trade has mainly been focused on Nvidia and Microsoft, other companies are starting to join in on the fun.

Persons: Dan Ives, —, Jerome Powell, Ives Organizations: Federal, Nasdaq, Nvidia, Broadcom, Service, Federal Reserve, Investors, Big Tech, Microsoft, Oracle, Dell, IBM, APple Locations: Asia

☆ Thai court dismisses prime minister over cabinet appointment
▼ + stars: | 2024-08-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

BANGKOK — Thailand’s Constitutional Court on Wednesday dismissed Prime Minister Srettha Thavisin for appointing to his cabinet a former lawyer who served jail time, raising the specter of more political upheaval and a reset of the governing alliance. Real estate tycoon Srettha becomes the fourth Thai premier in 16 years to be removed by verdicts by the same court, after it ruled he violated the constitution by appointing a minister who did not meet ethical standards. Deputy premier Phumtham Wechayachai is expected to take over as caretaker prime minister. If successful, she would be Thailand’s third Shinawatra premier after Thaksin and her aunt, Yingluck Shinawatra. Other potential candidates include Interior Minister Anutin Charnvirakul, Energy Minister Pirapan Salirathavibhaga and Prawit Wongsuwan, an influential former army chief who was involved in the last two coups.

Persons: Srettha Thavisin, Srettha, Srettha’s, Thaksin Shinawatra, Pichit Chuenban, Pichit, Phumtham Wechayachai, ”, Olarn Thinbangtieo, Paetongtarn Shinawatra, Thaksin, Yingluck Shinawatra, Anutin Charnvirakul, Pirapan Salirathavibhaga, Prawit Organizations: Thai, Party, Thai Party, University’s, Political Science, Law, Interior, Energy Locations: BANGKOK

☆ Thai court dismisses PM Srettha over cabinet appointment
▼ + stars: | 2024-08-14 | by ( ) www.cnbc.com time to read: +2 min

Srettha Thavisin, Thailand's prime minister, arrives at Thai Parliament in Bangkok, Thailand, on Monday, Sept. 11, 2023. BANGKOK - Thailand's Constitutional Court on Wednesday dismissed Prime Minister Srettha Thavisin for appointing to his cabinet a former lawyer who served jail time, raising the spectre of more political upheaval and a reset of the governing alliance. Real estate tycoon Srettha becomes the fourth Thai premier in 16 years to be removed by verdicts by the same court, after it ruled he violated the constitution by appointing a minister who did not meet ethical standards. Srettha had maintained his appointment of former Shinawatra lawyer Pichit Chuenban, who was briefly imprisoned for contempt of court in 2008 over an alleged attempt to bribe court staff, was above board. Deputy premier Phumtham Wechayachai is expected to take over as caretaker prime minister.

Persons: Srettha, Srettha Thavisin, Srettha's, Thaksin Shinawatra, Pichit Chuenban, Pichit, Phumtham Wechayachai Organizations: Thai, Party, Thai Party Locations: Thai, Bangkok, Thailand, BANGKOK

☆ Thailand’s Prime Minister Srettha Thavisin removed from office in shock court ruling
▼ + stars: | 2024-08-14 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +5 min

Bangkok, Thailand CNN —Thailand’s Prime Minister Srettha Thavisin has been removed from office after a court ruled he had violated the constitution, in a shock decision that plunges the kingdom into further political uncertainty. But Wednesday’s ruling shocked political analysts who believed the court would side with the prime minister. Pheu Thai and the establishmentPopulist Pheu Thai is the latest incarnation of parties aligned with divisive former leader Thaksin, who was ousted by the military in a 2005 coup. His dramatic return from a 15-year self-imposed exile last year coincided with the Senate’s vote to appoint Srettha as the country’s 30th prime minister. With Srettha now out of office, political negotiations will restart, with coalition partners jostling for Cabinet positions and the top job.

Persons: Thailand CNN —, Srettha Thavisin, Srettha, Pichit, Thaksin Shinawatra, Thaksin, Wednesday’s, jostling, Pheu, Paetongtarn Shinawatra, Thaksin’s Organizations: Thailand CNN, Thailand CNN — Thailand’s, Party, Populist, Manchester City Football Club, Pheu Thai Locations: Bangkok, Thailand

☆ Amazon's amazing turnaround: How Andy Jassy secretly wooed Wall Street and overhauled a bloated tech giant
▼ + stars: | 2024-07-08 | by ( Eugene Kim | ) www.businessinsider.com time to read: +14 min

This person is one of over a dozen Amazon employees, investors, and analysts that BI interviewed to better understand Jassy's first 3 years as CEO. Andy Jassy replaced Jeff Bezos (pictured here) as Amazon's CEO in July 2021. In his first 3 years as CEO, Jassy has lost many senior staff. Amazon's spokesperson said the company has "strong retention and continuity" among senior leaders. Amazon's spokesperson said the company is making "huge investments" in AI across AWS and the retail business.

Persons: —, Andy Jassy, Jeff Bezos, Jassy, Bezos, EMMANUEL DUNAND, Mark Shmulik, Bernstein, Bernstein's Shmulik, He's, Shmulik, Amazon's, That's, spokespeople, Jassy doesn't, Doug Herrington, Jay Carney, Dave Limp, Adam Selipsky, Dave Clark, Clark, Ted S, Babak Parviz, Parviz, Mark Mahaney, We're, Jeff Organizations: Service, Business, Amazon, Washington Post, BI, Warren, Echo, Microsoft, AWS Locations: Seattle

☆ Jensen Huang's Nvidia sure hopes the AI bubble doesn't burst anytime soon
▼ + stars: | 2024-06-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

AdvertisementHowever, Nvidia's run faces one big risk: it depends on the generative AI boom lasting. Though tech giants, including Apple, Google, Meta, and Microsoft, now appear to have made generative AI their priority, there appears to be awareness of the technology's weaknesses. Google, for instance, was forced to apologize earlier this year after its generative AI image generator created historically incorrect images in response to user requests. For now, though, the industry seems intent on moving ahead with LLM-enabled generative AI. That should keep Nvidia in the race with Microsoft and Apple to a $4 trillion valuation.

Persons: —, Jensen Huang, they've, Dan Ives, Huang, Tim Cook, Yann LeCun Organizations: Service, Nvidia, Microsoft, Apple, Business, Meta, Google, Blackwell, Apple Intelligence, Financial Locations: Taipei

☆ Thailand to become first Southeast Asian nation to legalize same-sex marriage
▼ + stars: | 2024-06-18 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +8 min

The result of the vote means that Thailand will become only the third place in Asia to allow for marriage equality after Taiwan legalized same-sex marriage in 2019 and Nepal in 2023. Mark Phillips/CNNPrevious attempts to legalize marriage equality over the past decade had stalled. Nonetheless Thailand’s Prime Minister Srettha Thavisin, of the Pheu Thai Party, had also promised to bring the marriage equality bill to parliament. Japan is the only Group of Seven (G7) country that has not recognized either same-sex civil unions or same-sex marriage, despite recent high court decisions that ruled not allowing same-sex marriage is unconstitutional. South Korea does not legally recognize same-sex marriage but in February 2023, a South Korean court ruled in favor of a same-sex couple seeking equal health benefits.

Persons: ”, Panyaphon Phiphatkhunarnon, Thailand –, ” Panyaphon, Watit, ” Pokpong, Pokpong, Mark Phillips, Pita Limjaroenrat, Srettha Thavisin, Srettha, “, Peerapon Boonyakiat, Xi Jinping Organizations: CNN, Love Foundation, Pokpong, “, Party, Thailand’s, Pheu Thai Party, Bangkok Pride Locations: Thailand, Southeast Asia, Asia, Taiwan, Nepal, Bangkok, Sukhumvit, Myanmar, Brunei, Indonesia, Aceh, Malaysia, Singapore, Japan, China, Beijing, South Korea, Korea

☆ Thaksin, Former Thai Premier, Indicted on Charges of Insulting Monarchy
▼ + stars: | 2024-06-18 | by ( Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

Mr. Thaksin is the most high-profile figure to be charged with violating the royal defamation law, which is one of the world’s harshest. He posted bail of about $14,000, according to Thailand’s court of justice, but the case could drag on for months. It allowed Mr. Thaksin to enter the country last year after 15 years of self-exile and effectively partnered with him — a longtime opponent — to prevent a new challenger from rising to power. Now, analysts say, it has used the threat of legal action against Mr. Thaksin, 74, to keep a check on his political ambitions. Although Mr. Thaksin does not have a formal position in the current government, he is widely regarded to have powerful influence over the governing coalition, which is led by his political party, the Pheu Thai Party.

Persons: Thaksin Shinawatra, Thaksin, — Organizations: Thai Party Locations: Thailand

☆ How Apple, Microsoft and 3 other tech giants can make money with AI geared to consumers
▼ + stars: | 2024-06-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +10 min

(Expected AI-driven device upgrades from Apple, Microsoft, and other personal tech makers is the reason we're invested in Best Buy . Microsoft, Apple and fellow Club name Nvidia have all eclipsed $3 trillion market values — and have been wrestling for the top spot as the most valuable U.S. company. META YTD mountain Meta Platforms (META) year-to-date performance Meta Platforms is monetizing consumer interest in AI by boosting user engagement. The Meta AI generative artificial intelligence assistant is currently free to use. AMZN YTD mountain Amazon (AMZN) year-to-performance Comparable to Meta, Amazon offers AI to consumers for free to increase engagement on its dominant e-commerce platform.

Persons: Tim Cook, Siri, Apple, WWDC, Piper Sandler, Jim Cramer, Bard, Missteps, Jim, Jim Cramer's, Eugene Mymrin Organizations: Apple, Apple Intelligence, Developer Conference, Microsoft, Services, Cook, Co, AI Party, Bloomberg, Microsoft's, Computing, Club, Nvidia, Gmail, Google, ChatGPT, Facebook, Citi, Meta, Amazon, Amazon Web Services, CNBC Locations: China, Cupertino, U.S

☆ 'AI revolution just getting started': Here's what Wall Street is saying about Nvidia's 1st-quarter earnings blowout
▼ + stars: | 2024-05-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

Nvidia stock soared 9% on Thursday to record highs after its reported earnings. The company defied analyst expectations yet again, and said that demand for its AI chips continues to outstrip demand. Wall Street analysts were impressed by the results, with a slew of price target increases hitting the tape Thursday morning. Wedbush: "AI revolution just getting started"Analysts at Wedbush said the "AI gold rush" is just getting started as a "tidal wave" of spending on AI chips hits the entire tech sector. The AI Revolution starts with Nvidia and in our view the AI party is just getting started with the popcorn getting ready."

Persons: —, Goldman Sachs, it's, Nvidia's, Blackwell, Wedbush, AI Jensen Organizations: Service, Nvidia, Wall Street, Center, Data Center, Data, Blackwell, JPMorgan, Meta, Bank of America Locations: 2HCY24, CY25, CY24

☆ Anti-Monarchy Activist in Thailand Dies After Hunger Strike
▼ + stars: | 2024-05-14 | by ( Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

To Netiporn Sanesangkhom, the right to dissent and to question Thailand’s powerful monarchy belonged to all Thais. On Tuesday, her crusade to highlight this cause in the face of the country’s strict ban on royal criticism ended in her death. Ms. Netiporn, also known as Bung, 28, was one of Thailand’s most prominent activists calling for changes to the monarchy. She died after a hunger strike that she began in prison on Jan. 27 to pressure the Thai authorities to put an end to jailing political activists. For more than two months, Ms. Netiporn refused food, water and all forms of medication.

Persons: Netiporn Sanesangkhom, Netiporn, Netiporn’s Organizations: Thais, Department of Corrections, Thai Party Locations: Thai

☆ Amid headwinds in China and a sluggish stock price, investors look to Apple’s earnings for signs of hope
▼ + stars: | 2024-05-02 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

CNN —Even though Apple has silenced critics and beaten existential crises before, some fans of its minimalist products and investors in its maximalist stock are nervous. Analysts are expecting low sales figures for the quarter ending March 31 – despite the company beating expectations in the last four quarters. This will be its first earnings report since the launch of its biggest new product in years, its $3,499 mixed reality Vision Pro headset. Market research firm IDC said Apple’s smartphone shipments tumbled a stunning 10% globally in the first quarter of this year. All eyes on AIAccording to David McQueen, research director at tech intelligence firm ABI Research, the company could spark sales growth soon.

Persons: Apple, Ming, Chi Kuo, “, ”, Nabila Popal, David McQueen, OpenAI Organizations: CNN, Apple, IDC, Huawei, Xiaomi, Samsung, ABI Research, Developers Conference, ChatGPT Locations: China, Hollywood

☆ Thailand’s lower house passes bill to legalize same-sex marriage
▼ + stars: | 2024-03-27 | by ( Kocha Olarn | Helen Regan | ) edition.cnn.com time to read: +2 min

CNN —Thailand’s House of Representatives voted to legalize same-sex marriage on Wednesday, bringing the Southeast Asian nation a step closer to becoming the third territory in Asia to guarantee equal marital rights. The lower house of parliament passed the bill following a third and final reading, with 400 representatives voting in favor. It would also make the country only the third place in Asia to allow for marriage equality after Taiwan legalized same-sex marriage in 2019 and Nepal in 2023. Previous attempts to legalize marriage equality over the past decade have stalled. Nonetheless Thailand’s Prime Minister Srettha Thavisin, of the Pheu Thai Party, had also promised to bring the marriage equality bill to parliament.

Persons: CNN —, Pita Limjaroenrat, Srettha Thavisin Organizations: CNN, CNN — Thailand’s, Party, Thailand’s, Pheu Thai Party Locations: Asia, Thailand, Southeast Asia, Taiwan, Nepal

☆ The AI party has already begun, says Wedbush Securities' Dan Ives
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe AI party has already begun, says Wedbush Securities' Dan IvesDan Ives, Wedbush Securities, joins 'Squawk on the Street' to discuss why 1995 is an analog to where equity markets are right now, inventory corrections on a quarterly basis, and the multiplier effect for companies operating in the AI space.

Persons: Dan Ives Dan Ives Organizations: Wedbush Securities

☆ AI is having a '1995 moment'
▼ + stars: | 2024-02-23 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Read previewArtificial intelligence is having a 90s-like boom — and one analyst says Nvidia is leading the charge. "This is a 1995 Moment as now the AI Revolution and $1 trillion of incremental spending over the next decade is hitting the software ecosystem and rest of tech sector," Dan Ives, a tech analyst at Wedbush Securities, wrote in a recent analyst note. "The AI Revolution starts with Nvidia and in our view, the AI party and popcorn is just getting started," Ives said. "We started the AI journey with the hyperscale cloud providers and consumer internet companies," Huang said. "We're really just getting started," Huang said.

Persons: —, Dan Ives, Ives, Nvidia didn't, Jensen Huang —, Nvidia who's, Huang Organizations: Service, Nvidia, Wedbush Securities, Business, Adobe, Oracle

☆ Factbox-Thailand's Polarising Ex-PM Thaksin Shinawatra
▼ + stars: | 2024-02-17 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +4 min

(Reuters) - Thailand's billionaire former Prime Minister Thaksin Shinawatra was released from detention on Sunday, enjoying freedom in his country for the first time since fleeing into exile nearly 16 years ago to avoid jail. - Thaksin ran several failed businesses with his wife before getting his break in the 1980s leasing computers to the police. In 2010, a court seized $1.4 billion worth of Shinawatra assets, concluding Thaksin had concealed his Shin Corp shareholdings and tailored policy to benefit his business. - Thaksin's sister, Yingluck Shinawatra, was also prime minister and suffered an almost identical fate as him. - Thaksin's youngest daughter, Paetongtarn Shinawatra, 37, is Pheu Thai party leader and eligible to become prime minister.

Persons: Thaksin Shinawatra, Chiang Mai, Thaksin, Yingluck Shinawatra, Paetongtarn Shinawatra, Srettha Thavisin, Martin Petty, Raju Gopalakrishnan Organizations: Reuters, Eastern Kentucky University, Kentucky Fried, Thailand's, Shin Corporation, Shin Corp, English Premier League football, Fulham, Manchester City, Forbes, Thai Rak, Thai Rak Thai, People Power Party, Srettha Locations: Thai, Chiang, Kentucky, Singapore, Thailand, Liverpool, Dubai, Britain, Montenegro, Thai Rak Thai, Thai Rak, Bangkok

BANGKOK (AP) — Two years after Thailand made pot legal, the country appears set to crack down on its freewheeling drug market with a ban on “recreational” use. The Health Minister Chonlanan Srikaew said last week that he had recommended a draft bill to the Cabinet that would ban recreational cannabis use while allowing medical. The party’s stronghold is in the poor Northeast, where it promised farmers cannabis would be a new cash crop. Anutin had promised that cannabis would be allowed only for medical use, but in practice the market was nearly unregulated. But, she said, widespread recreational cannabis has created social problems such as youth drug abuse.

Persons: Chonlanan Srikaew, Anutin Charnvirakul, Anutin, Bhumjaithai —, Kalyapat, Kitty ” Chopaka, ” Rattapon Sanrak, Thailand’s, “ Sellers …, ” Organizations: Health, Bhumjaithai Party, Narcotics, Health Ministry, Party, ” Cannabis Locations: BANGKOK, Thailand, Asia, Bangkok

☆ Thaksin Shinawatra: Thailand’s jailed former prime minister to be freed
▼ + stars: | 2024-02-13 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +5 min

Bangkok, Thailand CNN —Thailand’s jailed former Prime Minister Thaksin Shinawatra will soon walk free from detention after his parole was approved, according to Thailand’s justice minister, just six months after his dramatic return to the kingdom. The announcement caps an extraordinary decades-long political saga that will see the return of one of Thailand’s most controversial political figures to everyday life. On Tuesday, Thailand’s Justice Minister Tawee Sodsong confirmed to CNN Thaksin is one of 930 inmates who have been granted parole this month. The party’s candidate Strettha Thavisin became Thailand’s 30th prime minister in August, just hours after Thaksin’s return to the country. Last week, Reuters reported that Thaksin faces possible lese majeste charges under Thailand’s royal insult law, but it’s unclear whether prosecutors will move forward with the complaint.

Persons: Thailand CNN — Thailand’s, Thaksin Shinawatra, Thaksin, Maha Vajiralongkorn, Tawee Sodsong, Thaksin —, Strettha Thavisin, Thaksin’s, Pita Limjaroenrat Organizations: Thailand CNN, Manchester City, Thailand’s, CNN Thaksin, The Corrections Department, Thai Corrections Department, Reuters Locations: Bangkok, Thailand, New York, Thai

Prime Minister Srettha Thavisin's signature 500 billion baht ($13.87 billion) stimulus policy has faced criticism over fears it could stoke inflation and adversely impact the fiscal position of Southeast Asia's second-largest economy. Thailand's economy grew just 1.8% year-on-year in the second quarter, sharply slowing from the previous quarter, hit by weak exports that undercut a recovery in its crucial tourism sector. But some analysts are sceptical, as are some opposition lawmakers who have attacked the ruling Pheu Thai party for risking breaching Thailand's fiscal regulations. "We expect Thailand's fiscal outlook to remain uncertain for the rest of this year," said Tim Leelahaphan, an economist at Standard Chartered Bank in Thailand. "Also, the Pheu Thai-led government's ability to implement its pledged economic policies including the handout scheme has yet to be assessed, adding to fiscal uncertainty."

Persons: Lertsuridej, Srettha Thavisin, Devjyot, Srettha, Prommin, Tim Leelahaphan, Martin Petty Organizations: Reuters, Government House, REUTERS, Rights, stoke, Standard Chartered Bank, Thomson Locations: Bangkok, Thailand, Rights BANGKOK

☆ Grimes scolded a nightclub full of of AI evangelists — then promptly DJ'd for them
▼ + stars: | 2023-11-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Grimes was the DJ at an AI party centered on "effective accelerationism," or faster tech development. "KEEP AI OPEN," the website read. "I disagree with the sentiment of this party," Grimes said, according to The San Francisco Standard. ☄️🫡⚔️ — Grimes (@Grimezsz) November 7, 2023In general, Grimes has said she is a supporter of AI. The billionaire was one of several AI experts to sign an open letter earlier this year calling for a pause on training AI systems.

Persons: Grimes, —, Marc Andreessen, Claire Boucher, Spokespeople, rimes, ike Organizations: acc, Flyers, Service, e, San Francisco, DJ, Twitter Locations: Silicon Valley

Chinese Vice Premier He Lifeng attends a joint press conference following the 10th China-EU High-Level Economic and Trade Dialogue at the Diaoyutai State Guesthouse in Beijing, China September 25, 2023. REUTERS/Florence Lo/File Photo Acquire Licensing RightsBEIJING, Oct 30 (Reuters) - China's economy tsar He Lifeng has been appointed director of a key ruling Communist Party economic body, matching his high-profile predecessor Liu He with a particularly powerful portfolio covering economic policy, the financial sector and trade ties with Washington. He, who had previously headed the state planning agency, became one of China's four vice premiers in March when he replaced Liu He, who retired. He has now also replaced Liu as director of the office of the Central Finance and Economic Affairs Commission, a party body headed by President Xi Jinping. He could emerge as head of the resurrected Central Financial Work Commission, when state leaders, regulators and top bankers gather for a quinquennial, closed-door national financial work conference.

Persons: Lifeng, Florence, Liu, Liu He, Xi Jinping, Xi, Li Qiang, Janet Yellen, Valdis Dombrovskis, Joe Cash, Simon Cameron, Moore Organizations: REUTERS, Rights, Communist Party, Washington, Central Finance, Economic Affairs Commission, U.S, Treasury, EU Trade, Harvard, Financial Work Commission, Bloomberg News, Thomson Locations: China, EU, Diaoyutai, Beijing, Rights BEIJING, Shanghai, China's, U.S

☆ Li Keqiang: China’s former Premier dead at 68 according to state media
▼ + stars: | 2023-10-27 | by ( Simone Mccarthy | Steven Jiang | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Former Chinese Premier Li Keqiang, once seen as a reform-minded contender to the country’s top leadership role, died of a sudden heart attack early Friday in Shanghai, state media reported. 2 leader until late last year, served as the country’s premier – traditionally in charge of the economy – for a decade from 2013 to March this year under strongman leader Xi Jinping. Under Hu, Li was named to the party’s top central leadership body the Politburo Standing Committee in 2007. Then 67, Li was one year short of the unofficial retirement age for senior Chinese Communist Party leaders. He was succeeded as premier earlier this year by former Shanghai party chief and Xi loyalist Li Qiang.

Persons: Hong Kong CNN —, Li Keqiang, Li, Xi Jinping, ” Li, “, Xi, Xi’s, Hu Jintao, Hu, nodded, Mao Zedong, China’s princelings, Li Qiang Organizations: Hong Kong CNN, Hong Kong CNN — Former, Peking University, Communist Party’s Youth League, Communist Party Congress, Dongling, Brigade, Communist Youth League Central Committee, Communist Party, party’s, Chinese Communist Party Locations: Hong Kong, Shanghai, United States, China, Liaoning, Henan, Anhui

☆ China's former premier Li Keqiang has died, state media reports
▼ + stars: | 2023-10-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

China's Premier Li Keqiang waves as leaving the annual news conference following the closing session of the National People's Congress at the Great Hall of the People on March 16, 2016 in Beijing, China. China's former premier Li Keqiang died just past midnight after suffering a heart attack while in Shanghai, Chinese state broadcaster CCTV reported Friday. That sometimes put Li at odds with Hu's successor, Chinese President Xi Jinping. Li also inspired the unofficial "Li Keqiang Index," which uses electricity consumption, rail cargo and bank lending as a proxy on the economy. While premier, Li pushed for promoting trade cooperation between China and other countries, as well as removing restrictions on the flow of people and goods within China.

Persons: Li, Li Keqiang, Hu Jintao, Xi Jinping, Xi, Li Qiang Organizations: National People's, of, State, Communist Party Locations: Beijing, China, Shanghai

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